Changes can trigger other changes, and if your business is in a certain economic place, it may get the attention of those who watch the markets and are tangentially tied to the effects of your company. You might not consider what some professionals might take from a recent executive recruitment decision.
Pittsburgh Business Times reporter Tim Schooley recently examined the greater conclusions that one can make based on how clothing company American Eagle handled its most recent CEO appointment. Apparently, the announcement that this company would be changing leaders and losing its previous CEO, Robert Hanson, was something of a shock, at least to the analyst quoted in this article, Dorothy Lakner.
"We believe the mutual decision to part ways stems from disappointment with AEO's 2013 performance after a strong 2012 and perhaps, in our view, a conflict of personalities," Lakner said.
Of course, one of the biggest current examples of an over-analyzed executive search is the Microsoft effort to fill Steve Ballmer's shoes. The Wall Street Journal reported earlier this month that the company is considering the specific ways that they approach the company's board and opinions of the previous successor. Is it possible that the financial world's opinion of the company will change depending on how this search proceeds?
With executive search consultants activated, the changes that particularly stimulate analysts and outside speculation might play into the general search process as it gets underway. This shouldn't restrain your activity but it can guide the way that you pace major announcements and milestones.
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